Zumper
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Updated 18 Hours Ago

Location

Lima, OH 45804, USA
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Contact

Management

Breeze Property Group

Leasing office

(419) 721-6808

Property Overview

The Waterford earns strong marks for value, amenities, and location, with a solid overall expert rating that suggests it is a compelling option for renters. It also stands out for its competitive price, detailed listing, nearby highly rated elementary school, abundant photos, and exceptional value per square foot.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, The Waterford is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Waterford has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • More space

Floor plans

3 Beds 2 Baths w/ 50% AMI3 bed2 bath1,079 sqft$975 /mo2 units availableAll apartments are nice clean 3 bedroom, 2 bathroom units with center heat, central AC, and unfinished basements containing washer/dryer hookups. Property has its own parking right outside the unit and a yard in the center of the community. Tenants provide their own appliances or they can be included for a separate rent. Tenants pay utilities. 1 month - 2 months security deposit required depending on results of background check. Pets will be considered with additional pet deposit. Renter's insurance is required. Residents can provide proof of insurance or purchase it through us for $15 / month. Maximum income restrictions exist for some units. Please contact us with any questions or to secure your spot! Thanks! Call 419-721-6808 for inquiries !
3 Beds 2 Baths Units w/ 55% AMI3 bed2 bath1,079 sqft$975 /mo1 unit availableAll apartments are nice clean 3 bedroom, 2 bathroom units with center heat, central AC, and unfinished basements containing washer/dryer hookups. Property has its own parking right outside the unit and a yard in the center of the community. Tenants provide their own appliances or they can be included for a separate rent. Tenants pay utilities. 1 month - 2 months security deposit required depending on results of background check. Pets will be considered with additional pet deposit. Renter's insurance is required. Residents can provide proof of insurance or purchase it through us for $15 / month. Maximum income restrictions exist for some units. Please contact us with any questions or to secure your spot. Call (419) 969 3493 for inquiries !

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units92

About The Waterford

HomeApartments in Lima The Waterford

All apartments are nice clean 3 bedroom, 2 bathroom units with center heat, central AC, and unfinished basements containing washer/dryer hookups. Property has its own parking right outside the unit and a yard in the center of the community. Tenants provide their own appliances or they can be included for a separate rent. Tenants pay utilities. 1 month - 2 months security deposit required depending on results of background check. Pets will be considered with additional pet deposit. Renter's insurance is required. Residents can provide proof of insurance or purchase it through us for $15 / month. Maximum income restrictions exist for some units. Please contact us with any questions or to secure your spot. Call (419) 969 3493 for inquiries !


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, The Waterford is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Waterford has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated The Waterford
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Waterford offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Waterford is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Waterford is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Waterford does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Waterford compares to other nearby properties.

Positives

High school nearby
There is a high school 0.5 miles away
More space
The 3-bedroom is 540 sqft larger than other listings nearby

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
Lacks images
Fewer than 5 photos available for this property

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Rent trends in Lima

3-bedroom apartments at The Waterford cost about 33% less than the average rent price for 3-bedroom apartments in Lima.

Median rents as of Oct 17 2026.
Lima
A table of 1-bedroom apartment rental data trends in Lima
MonthMedian Rent
December 2024$673
January 2025$695
April 2025$650
May 2025$720
June 2025$547
July 2025$425
August 2025$425
September 2025$960
October 2025$857
November 2025$826
December 2025$840
January 2026$604
February 2026$540
March 2026$565
April 2026$650
June 2026$1,283
July 2026$1,112
August 2026$820
September 2026$856
October 2026$848

Affordability calculator

Can I afford to live at Lima?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$39,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 3-bedrooms median monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.

Schools near The Waterford

Unity Elementary School

925 e 3rd st

lima, OH, 45804

PK, K-4Public
C

Delphos City Schools (Preschool)

901 wildcat ln

delphos, OH, 45833

PKPublic
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around OH 45804 near Lima

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for Lima, OH 45804

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10
Variety of shops within a short drive

Cafes

4/10
Some cafés within a short drive

Restaurants

6/10
Variety of restaurants within a short drive

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

2/10
At least one high school within a 30-minute walk

Nightlife

5/10
Variety of bars within a short drive

Explore the area around Lima

Meat City
801 E Kibby St
Sam's Club
1150 Greely Chapel Rd
ALDI
2290 Harding Hwy
Dairy Market
531 W Kibby St
Walmart Supercenter
2400 Harding Hwy

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This property is intended for those with income restrictions.
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